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>From the New Paradigms Project [Not Necessarily Endorsed]:

From: Tara <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Subject: Global Conspiracy UNIFICATION CHURCH BUYS UPI
Date: Wednesday, May 17, 2000 3:07 AM

(And they own a lot more companies.)

Unification Church arm acquires UPI
http://www.newsmakingnews.com/upimoonies.htm

http://news.excite.com/news/r/000515/16/media-upi

WASHINGTON (Reuters) - A Unification Church affiliate that owns the
Washington Times newspaper has acquired United Press  International wire
service which broke the news of President John Kennedy's assassination
but has since fallen on hard times, the agency said Monday.

UPI said in an article Monday that News World Communications,
established by Unification Church head Rev. Sun Myung Moon, "plans to
maintain UPI as an independent news-gathering operation, while upgrading
its capacity with new technologies and distribution practices."

Since it was established by Moon in 1982, the Washington Times has
provided a consistently conservative editorial voice in the nation's
capital. Moon also lists on his Internet site newspapers in Seoul,
Tokyo, Montevideo, Athens, Los Angeles and New York.

UPI reached its peak in the late 1950s when it had some 5,000 newspaper
and broadcast clients. Over the next several decades the client base
shrank. UPI recently sold its once-powerful broadcast division to its
long-time rival, the Associated Press.

In recent years UPI has been most famous for its chief White House
reporter, Helen Thomas, the dean of presidential journalists who has
covered every president since Kennedy.

"Unipressers" in their heyday were some of the best known bylines in
American journalism. The wire service's alumni included Walter Cronkite,
Howard K. Smith, David Brinkley, Eric Sevareid and Harrison Salisbury.

UPI scored numerous coups in journalism, perhaps most notably its beat
over AP of the Nov. 22, 1963 assassination of Kennedy.

Smith seized the only phone on the press car in the presidential
motorcade and refused to relinquish it to his AP counterpart, Jack Bell.

The first word of the assassination to the rest of the world was Smith's
and he went on to win a Pulitzer Prize for his reporting.

But there were gaffes as well, such as an April 28, 1986 report that
2,000 people had been killed in the Chernobyl nuclear accident and a
"beat" on the signing of the Armistice ending World War I that moved
four days before the ink went on the
paper Nov. 11, 1918.

United Press was launched June 21, 1907, by newspaper magnate Edward
Wyllis Scripps in part because he wanted a news agency to serve his
afternoon dailies that the morning-paper oriented AP would not serve.

Thus began a long competitive rivalry with the larger, richer AP that
often was one of the most intense of American journalism.

In May 1958 United Press merged with the third major U.S. wire service,
William Randolph Hearst's International News Service. Known as United
Press International and now armed with many of of INS' well-known
correspondents around the world, UPI
set out to challenge the AP.

But it started losing money within four years and never stopped.
Battered by the rise of television news and the shrinking number of
afternoon newspapers -- the backbone of the wire service's news report
-- UPI shrank in size and kept losing money.

Still there were days of glory left. UPI won six more Pulitzer Prizes in
reporting and photography in addition to Smith's and called the 1976
presidential election of Jimmy Carter before any other news
organization.

After trying for years to unload UPI to a reputable news organization,
UPI's owner, the Scripps Howard newspaper chain paid two inexperienced
Nashville, Tennessee, entrepreneurs, Doug Ruhe and Bill Geisler, $5
million to take it in 1982.

The two presided over a news agency that hemorrhaged money, lost clients
and sold off assets -- including its overseas news pictures operation to
Reuters -- and eventually had to file for bankruptcy protection under
Chapter 11.

Over the next decade UPI changed hands three times -- first being sold
to Mexican publisher Mario Vazquez-Rana, then to California venture
capitalist Earl Brian.

UPI has been owned by a group of Saudi Arabian businessmen since 1992.







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